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Company Registration No. 03717523 (England and Wales)
Gemwalk Properties Limited Unaudited accounts for the year ended 31 March 2026
Gemwalk Properties Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Gemwalk Properties Limited Company Information for the year ended 31 March 2026
Director
Anthony Dyhouse
Company Number
03717523 (England and Wales)
Registered Office
3 Marina Court Heath Road Brixham Devon TQ5 9AT England
Accountants
James Allison Accountants Ltd The Office 5 Mimosa Way Paignton Devon TQ4 7FE
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Gemwalk Properties Limited Statement of financial position as at 31 March 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
316,074 
316,080 
Investment property
5
640,500 
640,500 
956,574 
956,580 
Current assets
Debtors
6
730 
265 
Cash at bank and in hand
14,797 
1,555 
15,527 
1,820 
Creditors: amounts falling due within one year
7
(109,128)
(94,930)
Net current liabilities
(93,601)
(93,110)
Total assets less current liabilities
862,973 
863,470 
Creditors: amounts falling due after more than one year
8
(18)
- 
Provisions for liabilities
Deferred tax
(44,123)
(44,123)
Net assets
818,832 
819,347 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
389,847 
389,847 
Profit and loss account
428,885 
429,400 
Shareholders' funds
818,832 
819,347 
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 June 2026 and were signed on its behalf by
Anthony Dyhouse Director Company Registration No. 03717523
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Gemwalk Properties Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Gemwalk Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 03717523. The registered office is 3 Marina Court, Heath Road, Brixham, Devon, TQ5 9AT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not depreciated
Plant & machinery
20% Reducing Balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2025
316,050 
5,135 
321,185 
At 31 March 2026
316,050 
5,135 
321,185 
Depreciation
At 1 April 2025
- 
5,105 
5,105 
Charge for the year
- 
6 
6 
At 31 March 2026
- 
5,111 
5,111 
Net book value
At 31 March 2026
316,050 
24 
316,074 
At 31 March 2025
316,050 
30 
316,080 
5
Investment property
2026 
£ 
Fair value at 1 April 2025
640,500 
At 31 March 2026
640,500 
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Gemwalk Properties Limited Notes to the Accounts for the year ended 31 March 2026
6
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Other debtors
730 
265 
7
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Amounts owed to group undertakings and other participating interests
74,305 
74,305 
Taxes and social security
7,223 
5,654 
Loans from directors
27,600 
14,971 
109,128 
94,930 
8
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Taxes and social security
18 
- 
9
Average number of employees
During the year the average number of employees was 1 (2025: 1).
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